Forex Trading

Accept that you’re going to get trades wrong and that you may even lose more trades than you win. This may seem like all bad news but with discipline and prudent risk management, it’s still possible to grow account by ensuring average winners outweigh the average losses. The psychology of trading is often overlooked but forms…

The “ask” price is the counter-currency price at which you purchase the base currency in a forex currency pair. When you click “buy” you are attempting to buy at the ask price (either to open a new position or close an existing one). When the euro strengthens against the U.S. dollar, it takes more U.S….